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100% tariff threat looms over India as US senate passes Russia sanctions bill
The US Senate passed a sanctions bill targeting Russia's energy sector. This legislation grants the President power to impose tariffs on major oil buyers. India and China are among the top five purchasers of Russian oil. The bill aims to reinforce support for Ukraine and pressure Russia. It now moves to the House of Representatives for consideration.
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cryptobriefing.com
US Senate approves tariffs on India over Russian oil purchases
US Senate approves tariffs on India over Russian oil purchases. Crude oil reaching a new all-time high by December 31 at 11.5% YES.
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timesofindia.indiatimes.com
US Senate passes sanctions bill on Russia, Iran; India could face tariff pressure over oil
The US Senate on Friday passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, a sweeping bipartisan sanctions package aimed at tightening economic pressure on…
